The global inter-governmental Financial Action Task Force (FATF) has released the ‘Asset Recovery Guidance and Best Practices’ guidelines, which provide a comprehensive and updated framework to strengthen the global system for asset recovery against financial crimes.
“The guidance follows up on one of the most significant global reforms to the FATF standards on confiscation and international cooperation in over three decades. It outlines practical measures for policymakers and practitioners to identify, trace, freeze, manage, confiscate, and return assets derived from criminal activity,” the Enforcement Directorate (ED) said on Wednesday (November 5, 2025).
Stating that India has played a prominent role in the development of both the revised FATF standards and the guidance document, the agency said its officials were part of the FATF project teams that drafted the revised recommendations, and participated in the relevant working group and plenary meetings.
“The document contains multiple examples from cases investigated by the ED, which are cited as models of effective asset recovery practice and inter-agency coordination. This recognition reflects the increasing international standing of India and the ED in the global discourse on asset recovery and financial crime enforcement,” it said.
